MARKET TALK: Centrica 1H 2010 Results Seen Neutral -Analyst

28th Jul 2010 08:29

0729 GMT [Dow Jones]--Centrica's (CNA.LN) 1H 2010 earnings seen neutral for shares, says Citi analyst Peter Atherton. "The market expected good results and they delivered them," he says. Citi has a buy on the stock and a target of 310p. Centrica posted a 65% rise in adjusted operating profit for the half-year reflecting first-time contributions from Venture and British Energy acquisitions, the newly commissioned Langage gas power station and one of the coldest winters on record. Shares -2.2% at 301p. ([email protected]) Contact us in London. +44-20-7842-9464 [email protected] Contact us in London. +44-20-7842-9464 [email protected] (END) Dow Jones Newswires July 28, 2010 03:29 ET (07:29 GMT)